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Logistics Management

Logistics Management. Presented to:. Dr. U. K. Rai. Presented by:. Aditi Misra MIBA- IV sem Roll no. - 26. Flow of Presentation. Definition Components of Logistics system Need for it Goals of logistics management Decisions involved in it Integrated logistic management.

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Logistics Management

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  1. LogisticsManagement Presented to: Dr. U. K. Rai Presented by: Aditi Misra MIBA- IV sem Roll no. - 26

  2. Flow of Presentation • Definition • Components of Logistics system • Need for it • Goals of logistics management • Decisions involved in it • Integrated logistic management

  3. The definition “ It is the process of planning, implementing and controlling the effective and efficient flow and storage of goods, services and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. -COUNCIL OF LOGISTICS MANAGEMENT, USA ”

  4. “Five Rights" in logistics management: Rightproductat the Right placeat the Right timein the Right conditionfor the Right cost.

  5. Components of Logistics System • Logistics services • Information systems • Infrastructure/resources

  6. Logistics Services • Logistics services support the movement of materials and products from inputs through production to consumers, as well as associated waste disposal and reverse flows. • Logistics services comprise physical activities as well as non-physical activities. Logistics services Logistics services

  7. Information System • Information systems include modelling and management of decision making, and more important issues are tracking and tracing. Information systems Information system

  8. Infrastructure • Infrastructure comprises human resources, financial resources, packaging materials, warehouses, transport and communications. Infrastructure Infrastructure

  9. Model of Logistics system

  10. Need for logistics management • Improvement of services • • Revolution of logistics operation • • Shorter product life cycle • • Improvement of logistics facilities • • Channel cooperation between companies • • Specialized logistics delivery

  11. Goals of the Logistics Management • To provide a targeted level of customer service at the least cost • Maximize Profits, Not Sales

  12. Major Logistics Functions • Order Processing • Warehousing • Inventory management • Cost management

  13. Decisions in logistics management • Product Design • Plant Location • Choice of Markets/Sources • Production Structure • Distribution/Dealer Network Design • Location of Warehouses • Plant Layout • Allocation Decision • Production Planning • Inventory Management • Transportation • Packaging • Materials Handling • Warehouse Operations

  14. Integrated Logistics Management This concept recognizes that providing better customer service and trimming distribution costs requires teamwork, both inside the company and among all the marketing channel organizations. logistic Integrated

  15. Thank You Thank you

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